• Tax Planning: Now’s the Time to Tackle It!

    Year-end is still months away, but smart investors have already begun their tax planning. Spending time analyzing your capital-gain situation could benefit you come next April 15th, no matter what investment vehicles you use - individual securities, mutual funds, exchange traded funds, or others. Here's how…

  • You Probably Don't Know Your Customers All That Well

    If your objective is to increase the number of customers you serve, a prudent way to start is by taking a closer look at the customers you already have. If that sounds odd, consider that the customers you already work with are presumably happy with the work you perform on their behalf. If you use what you know about them and what you do for them as a model, you can more effectively identify other prospective customers with similar traits. In addition, the better you know your...

  • How Hoosiers Can Help Fight Food Insecurity

    According to Feeding America, one in every eight Americans suffer from food insecurity. When looking at the state of Indiana, that margin narrows to one in seven Hoosiers, or one in every six children. These numbers represent 42 million Americans (one million Hoosiers) that lack consistent access to enough food for an active, healthy life. As Indiana’s population continues to grow, it’s crucial that Hoosiers address the challenges of food insecurity that can lead...

  • Helping Curb The Opioid Epidemic

    It's no secret that prescription drug abuse has turned into an epidemic throughout the U.S. Everyday, more than 115 people die from overdosing on opioids, according to the National Institute of Drug Abuse. The Center for Disease Control and Prevention estimates the total economic burden of prescription misuse in the U.S. to be at $78.5 billion a year, which includes health care costs, treatment and criminal justice involvement. CareSource, a nonprofit health plan, is...

  • When Employees Grieve

    Our society often struggles in dealing effectively with the grief process, but when that struggle reaches the workplace, new dynamics are presented. Frankly, it's never more important for your business to develop genuine empathy and show its compassionate side. Personal experience has shown we have a lot of work to do in dealing with grief in the workplace. It's important to understand your employees can grieve for a variety of reasons. The obvious is the death of a loved one or...

  • Is Your Financial Institution Right for You?

    Why did you decide to bank with your current provider? My first bank was the same community bank my parents used. When I moved out of state, I picked my new bank purely out of convenience. A branch of a national chain was located right across from my apartment. Looking back, I wish I had put more thought into my decision. How about you? So, What Are My Options? The four primary types of financial institutions include national banks, local banks, credit unions, and online banks. Each...
  • Howell is president and chief executive officer of Conexus Indiana.

    Manufacturing Day Sheds Light on Evolving Industry

    Manufacturing Day began more than 6 years ago as a national celebration to inspire the next generation of manufacturers. Today, hundreds of thousands of students, young adults, parents, educators and manufacturers set aside time in late September and early October to celebrate the importance and impact of high-tech advanced manufacturing facilities to get a first-hand glimpse of the exciting career opportunities available in this evolving industry. The idea is...

  • Robby Slaughter

    News Flash: Most Phone Calls Are Interruptions

    There’s something special about reading this blog post. It’s not me. It’s not us. It’s the fact that you decided to look, click, and keep going. That makes it distinctive from other forms of media. An astonishing amount of the information in our world arrives as interruptions. That means we have no choice but to deal with it (or at least spend time ignoring it.) 

  • Dan Arens is an Indiana-based business growth advisor.

    Business Growth With Workplace Happiness

    Happiness is a state of mind. Which "state" people are in at work can be a contentious issue. According to a recent survey by the Harvard Business Review, the workplace is an expression of your personal core values more than 63 percent of the time. With the desire to be happy being of paramount importance to most members of the human race and the fact that most people spend more than one third of their lives working, obtaining happiness in the workplace is a worthy goal to...

  • Matt Hunckler is founder and chief executive officer of Powderkeg.

    What We Owe Denver And Boulder

    Every year, we see a parade of annual rankings hit our social feeds and inboxes. Best places to found a startup, fastest growing hubs, hottest city for tech jobs and variations of those. They're exciting. For media outlets, they generate clicks, shares and comments. For us in the cities that make that make these lists, we feel validated. Despite how breezily those headlines float through the online space, building a tech hub is a years-long process (some would argue decades-long)...

  • Margin Loans: A Savvy Way to Use Your Brokerage Account?

    Many investors are not even aware they can borrow against a portfolio, much less the implications of doing so. This tool can be a saving grace or a wrecking ball when it comes to your assets. So, could it help you? It all depends on the timing and the conditions. How Does a Margin Loan Work? As a general rule, individual investors are able to margin their brokerage account and borrow as much as 50 percent of the value of the assets in the account. But, brokerage firms can have...

  • Scott Flood is the owner of Scott Flood Writing.

    Should Your Business Get Political?

    You have remarkably strong feelings about a current political issue, and as a business owner or manager, you see yourself as a thought leader. While you unquestionably have a right to make a public stand, maybe that's not such a good idea. Perhaps you're tempted to toss your own two cents into the fray and publicly share your beliefs on political policy, taxes, race relations, climate change, gun ownership, the national anthem, or any of the dozens of fractious issues...

  • Developing Your Organization's Security Toolkit

    Security isn't a door, a lock, a guard, an alarm, or a gun. It's a state of mind, a philosophy, and a strategy that says the people for whom you're responsible will not only be safe from a variety of threats, but that they'll also feel safe. Businesses and other organizations often think of security as a discrete element of their operations, but it's actually something that should be woven through every aspect and shared by every manager and employee.

  • Environmental Change is Here And It Is Costing Indiana

    Climate change is not just about what's going to happen years in the future or in remote parts of the world. The impact of environmental change is being felt now, in communities across the United States and here in Indiana. We are seeing changes right now that are disrupting our homes, businesses, and communities. From farmers facing low yields brought on by drought to municipal governments trying to salvage flood-ravaged small towns...

  • 2019 Economic Development Wishes For Indiana

    As we begin a new year, most Hoosiers are filled with hope and optimism for their families. Economic conditions continued to improve in 2018 and the outlook for 2019 is positive. There is much hard work ahead, but our state's leaders have proven that they can tackle major challenges and look to the future. Here are my top economic development wishes for Indiana as we begin a new year...

  • (Image courtesy of Bedel Financial Consulting Inc.)

    Child Identity Theft: Are Your Children at Risk?

    Sounds absurd, doesn't it? However, young children are prime targets for identity theft. Experian estimates that one of every four children will fall victim to identity theft before age 18. How does this happen? More importantly, how can you prevent it from happening to your child? Untangling child identity theft can be time-consuming and costly. It could even require changing your child's first and middle name and obtaining a new Social Security number to clear his/her credit record...
  • Expand Your Workforce to Include The Deaf Community

    While there are arguably many minority groups that are grossly underutilized in the workforce, I’d wager that most people do not consider the Deaf community when thinking about diversity and inclusion strategies. The Deaf community shares a unique culture that is closely networked, but few employers know how to tap into this community, which comprises 10 percent of the population. In fact, many people probably see barriers for the Deaf community when it comes to employment...

  • How Technology And Innovation Can Transform The Classroom

    As we continue to embark through the Information Age, it's crucial for educators to implement new strategies that will meet the needs of both students and industries. Thanks to recent technology and innovative solutions, students are gaining more and more access to education outside the classroom, thereby expanding their learning and career opportunities in a variety of ways.

  • Are Tax Incentives an Economic Development Answer?

    Economic development deals are in the news all the time. As companies announce expansions or headquarter relocations, the media is rife with details about incentives offered to secure these projects. Some argue that these incentives would not be necessary if governments did not compete against one another for projects. But the fact is, competition does exist. As a result...

  • Do You Make These Top 5 Marketing Mistakes?

    Picture this: You’re the CEO of a multi-million dollar company. In just a few short years, you have led your firm in quickly become a rising star within your industry. Now, you’re ready to make your entrance into the big leagues known at this year’s premier tradeshow. The only problem is that your rapid growth has outpaced your "DIY" marketing. And to be taken seriously at the next level, your company needs a strong marketing message that clearly...

  • Currency Risk Hidden in Your Portfolio?

    Developing economies worldwide are coming under pressure as their countries’ currencies depreciate against the U.S. dollar. Is this economic pressure due to their own shortcomings, and therefore contained within their borders, or should we be concerned about a contagion risk that could spread to the global economy? And what does this mean for your portfolio? Why Are Emerging Markets’ Currencies Depreciating? This rapid emerging-market currency depreciation is the...

  • (Image courtesy of the USDA.)

    USDA Rural Development: A Major Part of Rural America

    Rural Development is likely not the first thing that comes to your mind when you hear the United State Department of Agriculture.  Most folks think of the Farm Service Agency, Natural Resources Conservation Service, Food and Nutrition, or Risk Management.  However, there is a good chance that USDA Rural Development touches your life every day. We have long been known for our role in economic development, and that is one of the key elements identified by the...

  • When The Tail Wags The Dog

    We had carefully studied the client's stated objectives and analyzed the budget, then created a strategy that addressed both with great efficiency. So we were startled when our plan was completely tossed out the window. The reason? One of the executives walked into the meeting and said...

  • Perspectives: INPower

    • Discovery Park's Innovation Impact

      Together with the city of West Lafayette, Purdue University is embarking on a transformational placemaking project to create a new innovation community called Discovery Park District (DPD).  Comprised of more than 200-plus acres, more than $1 billion in new public/private development, and spanning the next 30 years, the vision for DPD is to create a so-called “smart community” that will become a destination for students, faculty, residents, companies, innovators, and...

    • Empowering Downtown Evansville's Renaissance With Smart Energy Technologies

      Downtown Evansville is undergoing a dramatic evolution, thanks in part to the state's Regional Cities Initiative, and a key contributor is the Post House - a $40 million mixed-use development that will include housing, retail and office space. However, the Post House has broader implications beyond supporting the downtown area's overall development landscape. It will serve as a "living laboratory" for smart energy research that can inform...

    • Natural Gas Fuels Financial Stability and Energy Freedom

      The logistics and refuse segments of the economy, in Indiana and across the nation, are increasingly turning to an alternative fuel that helps everyone breathe a little easier – natural gas.  There are a number of benefits of natural gas as a transportation fuel, including its domestic availability, established distribution network, relatively low cost and emissions benefits. And it’s a growing trend in the transportation sector.

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  • Perspectives: Manufacturing & Logistics

    • NSWC Crane Can Strengthen Indy's Economy

      Roughly 80 miles southwest of Indianapolis, the Naval Surface Warfare Center Crane is home to more than 3,200 personnel - approximately two-thirds of them scientists, engineers and skilled technicians. It's the only naval base not on a coast, a unique operation with a singular focus: Overcoming the technical challenges facing America's military to build a decisive technological advantage over our adversaries. 

    • Don’t let logistics be a barrier to tapping untapped markets

      In August, the RV market report (a survey of some 30 branded RV manufacturing companies) showed the best August on record since 2003. The past few months show 2017 has continued this momentum. 

    • How the Trucker E-log Law Can Impact Your Company's Cargo

      A long awaited electronic logging device (ELD) rule takes effect Dec. 16, 2017. This new federal rule, years in the making, requires truck operators to use electronic logging devices to record hours they are operating. Paper logs will no longer be kept. Company leaders that depend on their supply chain to run smoothly are encouraged to think now about how to avoid disruption. The new rule has survived numerous legal challenges. The Supreme Court rejected a request to hear arguments...

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  • Perspectives: Life Sciences

    • When technology and life sciences meet in Indiana, innovation can find a home

      Our state has long been known as the Crossroads of America – a natural intersection, where east-west and north-south thoroughfares meet, and where ambitious businesspeople and innovative thinkers share ideas and discover new opportunities. 

    • Scott Hutchins (Image courtesy of the University of Nebraska.)

      Indiana and Ag+Bio+Science: Listen to Our Story!

      “True humility,” according to the Urban Dictionary, “is to see there is far greater than ourselves into who we can become, who others can become, and how much more we can do and be.” This definition perfectly describes the State of Indiana with regard to the power and potential we have to contribute to advancing Ag+Bio+Science.  

    • Licensing: Another Channel to Commercialize IP

      Sometimes commercializing university intellectual property takes the form of establishing startup companies. While startup creation and support should be encouraged, there are other -- and, depending on the situation, better -- channels to bring university faculty and staff inventions to market. 

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  • Perspectives: Ag INnovation

    • Rural Nonprofits Lack Planning Expertise

      There have been several efforts targeting the advancement of rural communities and their welfare. However, the nonprofits that play a pivotal role in providing service to these same areas are struggling to operate efficiently. A recent survey conducted puts the focus on their plight. Our firm appealed to over 100 organizations in a 20-county area focused in southeastern Indiana, bordered primarily by Interstates 65 and 70. The results were not surprising.

    • Avoiding Accidental Franchise Pitfalls

      Most people think they know a “franchise” when they see one—McDonald’s, Subway, 7-Eleven, Anytime Fitness, to name a few. However, there are some franchise relationships that are not so obvious. Many business relationships, including those in manufacturing and distribution, could easily become “accidental” franchises if companies are not careful. 

    • Innovate, Collaborate and Take Indiana to the Next Level

      When I think about what makes Indiana so great, many things come to mind: our stellar business climate, our world-class life sciences industry, our cutting-edge technology scene, and our enviable agriculture sector.  

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  • Perspectives: BigWigs & New Gigs

    • Dr. Matt Chodkowski and Dr. Terry Schindler

      The LEAD Program: The Journey of Discovery

      “Thus, the task is not to see what no one yet has seen, but to think what no one yet has thought about that which everyone sees.”  –  Schopenhauer In the first article of our series on leadership in the 21st century, we described postindustrial leadership as the influence process among leaders and collaborators who intend real significant change based on their mutual purposes.

    • Karen Valencic

      Three Misconceptions About Power

      I recently took another black belt test in Aikido. With 28 years of practice under my belt I found this one to be quite fun!  This was also a time of reflection about what continues to motivate my practice. I hope this reflection will be valuable to you. As our world seems to get more intense and divided, the nature of True Power in my practice has been front of mind.

    • News Flash: Most Phone Calls Are Interruptions

      There’s something special about reading this blog post. It’s not me. It’s not us. It’s the fact that you decided to look, click, and keep going. That makes it distinctive from other forms of media. An astonishing amount of the information in our world arrives as interruptions. That means we have no choice but to deal with it (or at least spend time ignoring it.) 

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  • Most Popular Stories

    • Indy Hotels Among Top in Midwest

      Three Indianapolis hotels are among Condé Nast Traveler's Top 25 Hotels in the Midwest. The rankings include two hotels that have made the list three years in a row and one making its debut. The JW Marriott Indianapolis ranks third on this year's list, followed by The Conrad, which is eighth and Ironworks Hotels appearing on the list for the first time at number 17. You can see the full rankings by...

    • Ambrose Amps up Ambition For Old GM Stamping Site

      An Indianapolis-based developer has greatly expanded its original investment plans for the city's former GM Stamping Plant site. Ambrose Property Group's vision now includes projects totaling nearly $1.4 billion, more than doubling the $550 million scope detailed last year. During a community event Friday, the company and Mayor Joe Hogsett announced the name of the more than 100-acre, downtown district: Waterside. Plans now call for...

    • Indy Airport Scores Top Honor Again

      Indianapolis International Airport has again been named Best Airport in the United States by a global leisure publication. The Condé Nast Traveler recognition is the fifth straight for IND. The Best Airport designation is part of Traveler's annual Readers Choice Awards, which is built on feedback from more than 100,000 comments and millions of ratings. In addition to airports, favorites were tallied for hotels, resorts and destinations.

    • Daniels Envisions Purdue, Region as 'Cooler Place'

      Purdue University President Mitch Daniels says a more than $1 billion live, work, play development on the West Lafayette campus will be a magnet for attracting and keeping top talent in the region. The Discovery Park District is part of a 30-year vision to transform the west side of the Purdue campus and create a "preeminent environment" for educational, economic, cultural and community activities in the region.

    • NTN Driveshaft Proposing $90M Expansion

      NTN Driveshaft Inc. in Columbus is planning a $90 million expansion. In a tax abatement request with the Bartholomew County city, the automotive component supplier said the investment will lead to 74 new jobs and help retain a current full-time workforce of nearly 1,600. NTN Driveshaft is one of the largest employers in Columbus and last year, it opened a more than $140 million facility in Anderson. It launched operations in Bartholomew County in 1989 and says...